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2298 S Irby St
Florence, SC 29505

Price Upon Request

Fast Food For Sale  •  3,040 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,040 SF
  • Lot Size 1.22 AC
  • Building Class C
  • Year Built 2000
  • Tenancy Single
  • Zoning C
0 Transit Score
45 Walk Score

Highlights

Long-term, passive investment | New, 20-year, absolute NNN lease with zero Landlord responsibilities
Very strong sales and healthy rent-to-sales ratio | Site was 42%+ above-average in sales for a Zaxby’s in 2023
Strong hedge against inflation | Lesser of 10% or CPI increases every 5 years throughout the initial term and options | ±$6.7MM in guaranteed income
Great access and visibility from S Irby St (aka Hwy 52) which boasts ±45,050 VPD | Hwys 52 & 301 are major thoroughfares to Myrtle Beach
Zaxby’s is one of the largest QSR chains in the country with 950+ locations across 17 states | Has agreements for 35+ new locations in 2024
Ranked #45 on Franchise Times Top 400 QSRs in 2023, an increase from #62 in 2022

Public Transportation

Commuter RailDriveWalkDistance
Florence Amtrak Station (Palmetto - Amtrak, Silver Meteor - Amtrak) 7 min - 4.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 58
Type: Surface
Included in Rent: Yes